Existing-Home Sales Rise in November
It does feel like sales were at a good pace last month, however December might e slower because there is less to sell.
From DS News
Existing-Home Sales Rise in November
Existing-home sales rose again last month, according to data released Wednesday by the National Association of Realtors (NAR). That assessment, however, is coming off of lower sales numbers than previously thought, reflecting revisions to NAR’s data going back to 2007. The trade group has adjusted sales and inventory figures for the last four years downward by 14.3 percent. NAR’s latest monthly report shows sales of previously owned homes increased 4.0 percent to an annual rate of 4.42 million in November from 4.25 million in October, and are 12.2 percent above the 3.94 million-unit pace in November 2010.
- sunil
SUNIL SETHI REAL ESTATE |
Property Search | Featured Listing | Neighborhoods
Comments